Is it time the Internet giants were regulated

Categories: America, Facebook

Michael Coyle
April 25, 2015

The plan complained that some digital businesses Âare transforming into super-nodes that can be of systemic importanceÂ for the rest of the economy. ÂOnly a very limited part of the economy will not depend on them in the near future.Â

The document highlights the fact that closed platforms are already hurting EU companies. ÂWhile EU app developers account for 42% of the global consumer app revenue, the overall EU trade balance of the app economy is negative (Â128m [Â£92m]), mostly due to the app platform fees that EU developers pay on revenue earned to North American platform owners,Â it says.

https://www.wsj.com/articles/eu-considers-creating-powerful-regulator-to-oversee-web-platforms-1429795918

share this Article

Written By:

Michael Coyle

Michael is Lawdit’s Principal and heads our Commercial and Intellectual Property Department. As a Solicitor Advocate, he is one of a select group of legal experts qualified to represent clients as an advocate in the Higher Courts in England and Wales. He holds a Master of Laws degree (LL.M) from Nottingham Trent University and is a guest lecturer at Southampton Solent University. He has also completed a teaching stint at the Academy of Music in Guildford where Michael taught copyright law. Michael is highly regarded for his work in all areas of intellectual property law (which includes the eCommerce and IT fields), litigation and company/commercial matters. He regularly advises on non-contentious issues including regulatory and statutory obligations and has been involved in many successful disputes, with a strong reputation for finding common sense and practical solutions for clients. In 2017, Michael was awarded the honorary degree of Doctor of Law from Southampton Solent University for his contribution to the University and his continued support to its students.